BEIJING: China’s exports rebounded in March but imports shrank for a fourth straight month and at a sharper pace, painting a mixed picture of the economy as trade talks with the United States reach their endgame. Investors are hoping for signs of economic recovery in China
India’s merchandise exports grew 11.02 per cent, on a year-on-year basis in March, to $32.55 billion from $29.32 billion reported for the corresponding month of last year, official data showed on Monday. “Exports in March 2019 were $32.55 billion, as compared to $29.32 billion in March 2018, exhibiting a positive growth of 11.02 per cent,” the Commerce Ministry said.
May survey data for Dubai’s private sector non-oil economy continued the recent twin themes of strengthening output growth and weak job creation.
The UAE e-commerce market is poised to grow to $17.8 billion in 2020, and the logistics providers they choose will play a key role in the exponential growth of online shopping, according to industry specialists.
Already well-established as one of the world’s top centres for oil bunkering, the Port of Fujairah and the adjacent Fujairah Oil Industry Zone (FOIZ) continue to attract further business and investment, recent announcements show.
Indonesia’s economy expanded more slowly than expected in the first quarter of this year, as investment dropped ahead of elections and campaign spending failed to sustain growth momentum. Southeast Asia’s largest economy grew 5.07 per cent in January-March from a year earlier,
Sharjah Airport Authority (SAA), announced that it has finalised preparations for Air Cargo Europe 2019, which will be held at Messe Munchen in Munich, Germany, from 4th - 7th June. SAA will participate in order to communicate
US economic growth accelerated in the first quarter, but inflation pressures were much weaker than initially thought, supporting a recent decision by the Federal Reserve to suspend further rate increases.
After months of hand-wringing about the possible crash-landing of the housing market, investors awaiting quarterly earnings from No. 3 US homebuilder PulteGroup this week were ready for the worst. Their trepidation was justified. New home sales across the country had fallen for three consecutive quarters to close out 2018.